Banking Executive / Expert – Regulatory Role

About the role

The Central Bank of Oman is looking for a highly motivated Banking Executive / Expert to support its regulatory and supervisory functions under the Banking Law and National Payment System Law. The role involves shaping policy, reviewing legislation, and ensuring alignment with international standards.

Key responsibilities

• Formulate, review and update banking and payment system regulations, including recommendations for amendments to the Banking Law and National Payment System Law.
• Develop policies for conventional banks, non‑bank financial institutions, and payment service providers, ensuring compliance with Basel, IFRS, FSB and other global standards.
• Coordinate implementation of the Central Bank’s financial sector development plans and monitor market dynamics to propose regulatory measures.
• Prepare studies on financial inclusion, sustainable finance, and fintech, and liaise with domestic, regional and international bodies such as the IMF, World Bank and GCC Secretariat.
• Assess applications for new banks, Islamic banking entities, finance companies, money‑exchange establishments and payment service providers, including overseas branches.
• Provide operational oversight, review compliance issues, and draft briefing notes for senior management and international meetings.

Required profile

• Graduate or postgraduate degree in Economics, Commerce, Accounting or Finance; professional banking qualifications are desirable.
• Minimum 10 years of experience in banking, financial regulation or supervisory roles.
• Strong knowledge of international regulatory frameworks (Basel, IFRS, FATCA, CRS, etc.) and ability to engage with global standard‑setting bodies.
• Excellent analytical, research and report‑writing skills.